Hacker News new | ask | show | jobs
by nonethewiser 148 days ago
For reference, 25-30% of US treasuries are foreign owned. It's still a lot but I think people over-estimate how much of US debt is foreign owned.
1 comments

Sure, but if the majority of that foreign owned debt is sold off, it’s very likely there would be a run and everyone would try to sell in a panic.
It would have a massive negative impact, and there are reason why these countries dont do this (their own interests), but that's all besides the point. The US hold most of it's debt, which is not something everyone realizes.